08-E Chamber/Depot Lease - Laserfiche WebLink

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materials supplied in connection therewith, the balance, if any, of such proceeds shall be paid to LESSEE or as LESSEE may direct. In the event that LES SEE does not promptly commence Restoration, or after commencement LESSEE does not diligently proceed to the completion of same, LESSOR shall have the right to commence or complete Restoration after LESSOR has given LESSEE thirty (30) days prior written notice requesting the commencement of Restoration or that LESSEE diligently proceeds to the completion of same if LESSEE during such thirty (30) day period does not so commence or proceed to diligently complete Restoration. In such event, LESSOR shall retain the insurance proceeds, and LESSEE shall pay any deficiency if such proceeds are not sufficient for Restoration. 17. That LES SEE shall pay and discharge all taxes, including without limit sales, use, and excise taxes, ad valorem taxes, taxes on personal property, general and special assessments, and other charges of every description which are levied on or assessed against the leased Premises and all interests in the leased Premises and all improvements and other property on the leased Premises during the term of this Lease, whether belonging to LESSOR or to LESSEE. LESSEE shall pay all such taxes, charges, and assessments directly to the public officer charged with their collection not less than fifteen (15) days before the same shall become delinquent. LESSEE shall at no time permit the foreclosure of any tax liens to LESSEE's leasehold interest in the leased Premises or the buildings, fixtures, or other improvements on the leased Premises. LESSEE shall have the right in good faith at its own sole cost and expense to contest any such taxes, charges, and assessments, and shall be obligated to pay the contested amount, plus any penalties and interest imposed, only if and when finally determined to be due. At any time that the payment of any item of taxes, special assessments, or governmental charges which LES SEE is obligated to pay under the provisions of this paragraph remain unpaid and uncontested later than fifteen (15) days before the same shall become delinquent, LES SOR may declare this Lease, and all rights and interest created by it, to be terminated. 18. That LESSEE shall, as soon as possible following the execution of this Agreement, enter into a sublease agreement with the Lamar County Genealogical Society, upon such terms and conditions as are acceptable to LESSOR, for the use by the Society of that portion of the Premises Chamber of Commerce Lease - Page 8